NOTICE N.º 0086/06
We hereby inform that, for having reached maturity on 20th January, 2006, one has cancelled, on 24th January, 2006, the registry of the following issues of warrants issued by Commerzbank Aktiengesellshaft:
| Code | Name |
| KCV1WP | W. Estruturados s/ DAX - Call - 5150 EUR - 20.01.2006 |
| KCV2WP | W. Estruturados s/ DAX - Call - 5200 EUR - 20.01.2006 |
| KCV6WP | W. Estruturados s/ DAX - Call - 5100 EUR - 20.01.2006 |
| KCV8WP | W. Estruturados s/ DAX - Call - 5050 EUR - 20.01.2006 |
| KCVAWP | W. Estruturados s/ DAX - Call - 5250 EUR - 20.01.2006 |
| KCW8WP | W. estruturados sobre DAX - call - 5300,00 EUR - 20.01.2006 |
| KCW9WP | W. estruturados sobre DAX - call - 5350,00 EUR - 20.01.2006 |
| KCWAWP | W. estruturados sobre DAX - call - 5375,00 EUR - 20.01.2006 |
INTERBOLSA, 27th January, 2006